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HomeJuly 11, 2013

Independence Day Massacre: SIX Pennsylvania Utilities See Decline in Residential Shopping

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Copyright 2013 EnergyChoiceMatters.com.

A shocking six Pennsylvania electric utilities saw a decline in residential shopping in the most recent week, according to the latest stats from the Pennsylvania PUC.

The six utilities seeing a fall in residential shopping include five of the seven major EDCs (or 70%) -- Duquesne Light, PECO, Penelec, PPL, and West Penn Power. Pike County also saw a decline in residential shopping, but does not have migration data updated weekly (comparison is from June 10 to July 3)

Statewide, from about July 3 to July 10 (reporting date varies slightly by utility), Pennsylvania saw residential shopping decline by an aggregate of nearly 1,700 accounts, versus the week-ago decline of 300 accounts. The most recent week does include the July 4 holiday and impact on meter reading schedules.

This is also the first time that Pennsylvania has seen aggregate residential shopping fall for two consecutive weeks.

Specifically, from about July 3 to July 10 (report date varies slightly by utility), the weekly growth (loss) in residential electric customers on competitive supply at each EDC was:

Duquesne Light           (6)
Met-Ed                  441
PECO                   (910)
Penelec                 (81)
Penn Power              134
PPL                  (1,060)
West Penn Power        (176)

During the June 27 to July 3 reporting period, only three utilities had seen a fall in residential shopping: Duquesne Light, PECO, and PPL.

Link to 7/10 Weekly Migration Report

Link to Matters' comparison of 7/3 stats and 7/10 stats

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Independence Day Massacre: SIX Pennsylvania Utilities See Decline in Residential Shopping | EnergyChoiceMatters.com